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Altona North

Suburb Profile

Altona North - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3025

house
unit

Figures from the previous quarter show that capital gains for real estate buyers in ALTONA NORTH are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

On average, rents on listings have reached the $450 mark, reflecting a 2.93% increase in returns based on the current median price in ALTONA NORTH.

ALTONA NORTH, 3025 ranks 532nd in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 459th on the list of best yielding suburbs for rental properties in VIC, posting a 2.93% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $800,000 $655,000
GROWTH REPORT
Median Quarterly 1.27% -0.34%
Median 12 month -3.03% 12.45%
Median 3 years 6.67% 24.76%
Median 5 years 44.14% 33.4%
10 years average annual 6.63% 6.83%
Weekly media advert. rent $450 $480
Time on Market 84.0 days 72.5 days
Gross Rental Yield Percent 2.93% 3.81%
demographics (median values)
Total Population
10888
Weekly Household Income
688.3
Household Size
2.60
demographics
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Top 10 Birth Countries
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Household Income
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Tenure Type

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